News
Space X Reveals Financial Data Ahead of IPO
2+ hour, 45+ min ago (381+ words) Space X generated $18. 67 B in revenue in 2025, according to paperwork filed today with the Securities and Exchange Commission ahead of the company's IPO, expected next month. By the numbers: This is the first peek we're getting into the financials of…...
Meta Secures Overview Energy Space Solar Power Capacity
3+ week, 2+ day ago (401+ words) Meta announced an agreement today to secure up to 1 GW of power capacity through Overview Energy's planned solar power-beaming satellite system. The deal comes amid AI's rapid expansion, which has put a strain on terrestrial power grids. As large tech…...
Advanced Navigation Raises $110 M Series C
2+ mon, 2+ day ago (348+ words) Not many space companies want to reduce the world's reliance on satellite infrastructure, but that's the pitch that landed Australia-based Advanced Navigation a $110 M Series C. The company builds autonomous systems to maintain navigation in denied environments, such as when satellite…...
Astrobotic Wins Lunar Wheel Contract For Italian Habitat
2+ mon, 1+ week ago (462+ words) Astrobotic will build the wheels of the Italian Space Agency's planned driveable lunar habitat, the company announced on Friday. The Pittsburgh, PA-based space firm won a contract of undisclosed value from Thales Alenia Space to contribute the wheels for Italy's…...
Vast Secures $500 M, Including $300 M Series A
2+ mon, 2+ week ago (300+ words) Vast has closed a $300 M Series A to continue production of its Haven commercial space station, the company announced this morning." In addition, Vast took on $200 M in debt, bringing its total new funding in the door to $500 M. Series A…...
Sierra Space Closes $550 M Series C
2+ mon, 2+ week ago (432+ words) Sierra Space announced a $550 M Series C today, joining the growing ranks of space companies to close a multi-hundred-million-dollar raise this year." Lumin Arx Capital led the round, which valued the company at $8 B. Other existing investors also participated in the…...
Exclusive: Starpath Unveils New Ultra-Thin Space Solar Panels
2+ mon, 2+ week ago (450+ words) Starpath Space launched a new line of space solar panels today'called Starlight Air'which claim to be far lighter than anything else on the market. The panels are just 73g per square meter, and are priced around $15 per watt. "Starlight Air enables…...
Orbital Data, Niche Markets Give Space Solar a New Shimmer
3+ mon, 12+ hour ago (1549+ words) The face of space-based solar power (SBSP) is changing due to surging interest in in-space industry and data centers. While some companies are racing toward these new opportunities, others are sticking with the technology's original goal of powering life on…...
Era Drive Raises $5. 3 M Seed to Bring Self Driving Tech to Orbit
5+ mon, 4+ day ago (558+ words) Orbital traffic is increasing at a rapid clip, and many sats aren't even looking where they're going." Era Drive wants to give sight to the next generation of satellites. Today, the CA-based startup announced a $5. 3 M seed round to scale…...
Beyond Gravity Boosts Production of its Solar Array Tech
7+ mon, 3+ day ago (395+ words) Around the world, companies are spending more and more money to back new proliferated satellite constellations. In response, European manufacturers are boosting their production capacities to capture as much demand as possible. This week, Beyond Gravity became the latest European…...